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Polythiols Market Insights on Trends, Drivers and Opportunities until the End of 2022
Polythiols used in the manufacturing of optical films help improve the display quality and colour density of the screens of mobile phones and televisions.

BriefingWire.com, 7/30/2018 - Polythiols are compounds in a liquid state, which have several mercaptan functions. Polythiols have a wide range of applications in various industrial sectors. Polythiols help bring about toughness or hardness to the resin in which they are added in the presence of a catalyst. These polythiols have a very wide range of applications in paints, electrical, automotive and construction sectors as adhesives and sealants. Polythiols are also used as chain transfer agents in free radical polymerization in an aqueous medium. Polythiols are also used as functional polymers to alter the basic properties of a compound and increase the functional efficiency of the compound. Cosmetic industries use polythiols as corrosion inhibitors in order to minimise corrosion levels in the process. Along with corrosion inhibitors, cosmetic industries use polythiols in perm formulations, hair straighteners and depilatories as well as in rim cleaners or rust removers. Polythiols are added to epoxy resins, which are used in daily use products, to increase their strength. Polythiols are also used in aerospace applications as adhesives and sealants. When combined with conventional acrylic resins, polythiols can also be used in 3-D printing. Polythiols used in the manufacturing of optical films help improve the display quality and colour density of the screens of mobile phones and televisions.

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Market Dynamics

The growth of the electronics, electrical and construction sectors is expected to boost the polythiols market. The growth of the population is expected to enhance the consumer goods industry and this is likely to positively impact the polythiols market. Increase in the demand for polythiols by the automotive industry is also expected to boost the market.  The growth of the construction industry due to industrialization and urbanization will also propel the polythiols. Moreover, strict laws for the mandatory sales of consumer goods in some areas is expected to boost the consumer goods industry, which is likely to propel the polythiols market.

However, the usage of alternative corrosion inhibitors in the cosmetic industry is expected to slow down the growth of the polythiols market. Laws that restrict the usage of certain chemicals or plastic products is likely to limit the chemical and plastics market, which is expected to restrain the growth of the polythiols market.

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Report Highlights:

Detailed overview of parent market

Changing market dynamics in the industry

In-depth market segmentation

Historical, current, and projected market size in terms of volume and value

Recent industry trends and developments

Competitive landscape

Strategies of key players and products offered

Potential and niche segments, geographical regions exhibiting promising growth

A neutral perspective on market performance

Must-have information for market players to sustain and enhance their market footprint

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